556 Smithfield Avenue

Jefferson, Winnipeg

Property score

62.2

Fair

Overall 62.2 · Larger than most nearby homes

1,172 sqft (top 27%) · Built in 1949 (1 yr newer than avg)

Located in a above-average income area with median household income of ~84k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 4 parks nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 16%

Past 10 years Jefferson sales snapshot (~80% of all data)

Sold Count

1,026

Median price

320k

$/sqft

$314/sqft

Avg build year

1948

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Property score

62.2 is composed by the two sections below.

Property Score

54.1Fair
Living Area1,172 sqft60Fair
Year Built194930Low
Lot Size5,337 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

74.3Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

Jefferson

How to read: Share of sales in each ~$50k price band for “jefferson” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110029

Community deep dive

$84K

Median household income

$92K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

28%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)678
Labour force participation rate69%
Median age36.4
Avg household size2.5
Unemployment rate13%
Population density3766 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households28%
Couple families with children28%
Median household income (2020)$84K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority31%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,172 sqft
0255075100
Same streetTop 32%Same areaTop 27%CitywideBottom 47%
Same street · Smithfield Avenue
#96 / 303
Top 32% · Avg 1,035 sqft
Same area · Jefferson
#747 / 2,763
Top 27% · Avg 1,029 sqft
Citywide · Winnipeg
#102,801 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
267k
0255075100
Same streetBottom 27%Same areaBottom 32%CitywideBottom 21%
Same street · Smithfield Avenue
#221 / 303
Bottom 27% · Avg 286.6k
Same area · Jefferson
#1,869 / 2,763
Bottom 32% · Avg 282.9k
Citywide · Winnipeg
#153,434 / 194,458
Bottom 21% · Avg 390.1k

Year Built

above average
1949
0255075100
Same streetTop 27%Same areaBottom 45%CitywideBottom 27%

Lot Size

around average
5,337 sqft
0255075100
Same streetTop 47%Same areaTop 32%CitywideTop 47%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

556 Smithfield Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 328 m).

Search radius
🌳Parks4

Crime & Safety

Jefferson · WPS public data · 2026

Annual incidents

40

2026

vs. city avg

+36%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

80%

Sales History

Sold 11/2023CA$300k–350k
Sold price

Same street

Top 20%

Same area

Top 21%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 556 Smithfield Avenue, Winnipeg

Property Overview: 556 Smithfield Avenue, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1949, presents a practical opportunity in Winnipeg's Jefferson neighbourhood. With 1,172 square feet of living space and a 5,337 sqft lot, its size is consistently average or above-average for its immediate street and area, offering comfortable room for a small family or couple. A key characteristic is its detached garage, a valuable asset for storage, hobbies, or vehicle protection. The home has an unrenovated basement, which represents both a project and potential—allowing a new owner to customize the space to their needs without paying a premium for a prior owner's finishes.

Its appeal lies in its solid, no-frills foundation and its position as a value-conscious entry into the market. The assessed value is notably below average for the city, and the last sold price range (2023) suggests a historically accessible price point. This is a property for a hands-on buyer who values a larger lot and the flexibility of a blank-canvas basement over move-in-ready perfection. It would suit a first-time homebuyer with renovation ambitions, an investor looking for a property with rental potential (subject to due diligence), or a practical buyer seeking to build equity through gradual improvements.


Frequently Asked Questions

1. What does "unrenovated basement" typically mean for a house of this era?
It usually indicates the basement retains its original state, likely with a concrete floor, unfinished walls, and exposed mechanical systems (like the furnace and plumbing). It’s functional for storage and laundry but would require investment to become a finished living space.

2. How does the below-average assessed value affect property taxes?
A lower assessed value generally results in lower municipal property taxes compared to similar-sized homes with higher assessments. This can be a meaningful ongoing saving, though the exact amount should be verified with the city.

3. Is the detached garage a standard feature for homes here?
Not necessarily. A detached garage is a valuable feature in this neighbourhood, often more desirable than a carport or only on-street parking. It provides secure storage and workspace separate from the house.

4. The home is older—what should I be mindful of?
While the year built (1949) is newer than many on its street, a pre-1950s home may have original plumbing, wiring, or insulation. A thorough home inspection is essential to understand the condition and potential upgrade costs for these core systems.

5. The sold price history shows a range. Why isn't the exact price listed?
Exact sale prices in Manitoba are not publicly disclosed online. The range is estimated from public data. The listing service offers to provide the exact price via email to ensure accuracy for serious inquiries.

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